LAHORE: Lahore High Court Chief Justice Umar Ata Bandial Monday sought a report of comparative data of international and domestic petroleum prices from the Oil and Gas Regulatory Authority (OGRA) by June 19 on a petition seeking details of taxes levied on the petroleum products.
The order was passed on a petition filed by Muhammad & Ahmad, a public interest litigation company, through counsel Muhammad Azhar Siddique.
Earlier, the OGRA's counsel appeared before the court and informed that the OGRA determined oil prices on directives of the federal government whereas it did not have the authority to fix the petroleum prices.
The Chief Justice adjourning the matter till June 19 sought a report from the OGRA.
The petitioner through his petition prayed that the government should be directed to give details about the method of determination for revising the petroleum products viz-a-viz cost of production and cost of supply including charging of different levies, duties and taxes and further disbursement of above collections to the different heads.
He further prayed that it may be directed to supply with the audited accounts of all the respondents connected with the production and supply of the petroleum products specifying the details of category wise with complete profit and loss accounts through certified audited accounts.
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